Garuda Construction’s Rise Analyzed
Garuda Construction and Engineering saw a significant jump – 8.56% – in its stock price, reaching Rs 218.5. This increase happened because the company won a big construction project. They’ll build a rehabilitation building covering 6.17 lakh square feet in Chandivali, Mumbai, and it will take three years to complete.
- Garuda won a ₹231 crore construction order in Mumbai.
- Project involves a 6.17 lakh sq. ft. rehabilitation building.
- Construction timeline is 3 years, completion date upcoming.
- Total order book now at approximately ₹3,460.78 crores.
- Company’s profits tripled, reporting ₹27.99 crore in Q1 FY26.
- Revenue increased by 3.6 times YoY, reaching ₹125.15 crore.
Garuda Construction specializes in handling entire construction projects – from start to finish. They call this “turnkey EPC solutions.” They’re good at building homes, offices, roads, and even buildings that use renewable energy, like solar panels.
The company’s latest financial results are looking really strong. They reported a net profit of Rs 27.99 crore in the first three months of the current financial year (Q1 FY26). This is almost three times higher than the profit they made in the same period last year (Q1 FY25), which was Rs 8.64 crore.
Their income from projects also jumped significantly. The company’s total sales – called “revenue” – increased by 3.6 times compared to the previous year. This boosted their income to Rs 125.15 crore for the first quarter.
This impressive growth demonstrates the company’s capacity to deliver successful projects and achieve substantial financial returns.